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American Honda Motors. Strategic Audit Honda Motor Co. In today’s economy every
business is trying to stay competitive and avoiding going out of business. ...
... Honda Motors is doing extensive research on the fuel cell technology. The American
Car maker like GM and Ford has turned their focus from the gas guzzlers to ...
... Take American Honda Motors for example; the Davenport Parts facility recently converted
computer systems to more efficiently manage its inventory. ...
... Hero Honda Motors (India) Ltd.: Is It Honda That Made It a Hero?: Kannan Ramaswamy,
Thunderbird, The American Graduate School of International Management and ...
... a business agreement with Isuzu Motors for product ... During 2000, the company established
Honda South America, a ... catering to the expanding South American market. ...
Submitted by El Paperboy on January 17, 2008
Category: Miscellaneous
Words: 1678 | Pages: 7
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Strategic Audit Honda Motor Co.
In today’s economy every business is trying to stay competitive and avoiding going out of business. The auto industry in particular which have been hit the hardest the past few years, with the big 3 Ford, GM, and Chrysler suffering the most, has every automaker running to be number 1 in the industry. Other major player have such as Honda, has taken advantage of the Big three’s slump to get a piece of the market share. Honda Motors, which began operating in 1948, is one of the largest motorcycle producers and has become one of the leading automakers in the automotive market since entering the automotive market in 1959 (http://world.honda.com/history) Honda has grown over the years be way introducing one of the most economical and environmental vehicle in the market today, the Honda Accord line. Maintaining a successful company not only does it take a good product, its strategic audit of the corporation’s current performance, strategic posture, board of directors and top management must all be in sync to avoid failure.
Current Performance
Honda Motor Co. is engaged in the development, production and sales of motor products. Four main segments compose the company. First are the two wheel vehicles, all terrain vehicles, and personal watercrafts. Second are the four wheel vehicles and related products. Third are the financial and insurance products. Fourth are general purpose products. All the following financial statistics are based on the trailing twelve [Numbers higher than 9 are expressed in numerals] months with information obtained from www.toolbox.investools.com, HMC (Honda Motor Corp)
Management effectiveness with a Return on Investment was 8.26% stating that for every dollar spent, 8.26 cents was added to the initial dollar spent. The rate of return on investment for the past 12 months was -15.94%. For every dollar an investor placed in Honda, a loss of $15.94 was...
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